
In Paraguay, approximately one-third of total area is covered under forests. The country’s key economic resources are the wooded areas like the timber exports and extracts as well as fuelwoods.

In Paraguay, approximately one-third of total area is covered under forests. The country’s key economic resources are the wooded areas like the timber exports and extracts as well as fuelwoods.

Domestic production of stevia took a step ahead this July as Paraguay Productivo made 2 key contracts to expand the business with WMD and with Granular Paraguay SRL.

Paraguay's agricultural sector plays the major role in the economy, contributing 27% of nation’s GDP in 2006 as well as accounting for virtually all export earnings.

Paraguay has a total of 40.6mn hectares of land. But according to soil surveys, forecasters have projected that only one fifth of the area is suitable for normal agricultural production.

The history of the land in Paraguay is different from that in most countries of Latin America. Although there has been a system of land grants to the conquerors, Paraguay is characterized by Jesuit, who dominated rural life for over a century.